MTA Bailout by the Numbers

$2.26 Billion Per Year Bailout by the Numbers Long Island taxpayers and commuters giving more than they get?

– – – – Between now and 2013 Long Islanders will pay a projected $1.375 billion to bailout the MTA—14.5% of the total MTA bailout—derived from:

$853 million in payroll taxes $437 million auto fees, licences & registration $85 million in commuter fair increases – – – – $328M per year in LI taxes to be used for the bailout. – – – – The disparity between what LI sends to Albany in tax dollars vs. what we receive in services is increased by 15% (in the State’s favor). A potential $3Billion loss to our region. – – – – LI has only 134,324 daily riders on LIRR while there are 9million daily riders across all MTA services. – – – $197 million from LI Payroll Taxes (per year) = $853M:

$149 million from private sector $36 million from school districts $12 million from LI governments (counties, towns, cities, special districts) – – – MTA projections on auto registrations, licenses, and fees now through 2013:

Autos on the road: 2.17 million in Nassau/Suffolk 1.88 million in NYC 1.5 million in 5 upstate counties

Annual revenue from auto registrations, licenses and fees: $109 million in Nassau/Suffolk $78 million from NYC $72.8 million from5 upstate counties – – – – Fare increases of 25% projected for additional $18.4 million in annual revenue scheduled: June 2009: 10% increase in fares 2011: 7.5% increase 2013: 7.5% increase – – – – Projections based upon data from LIRR and NYS statistical yearbook. These numbers were used by the MTA and your state legislators to approve the bailout.